Posted by Jonas Smith on Saturday, December 13, 2008 at 17:51:21 :
In Reply to: AIG & others posted by chuck on Saturday, December 13, 2008 at 16:05:19 :
With Mortgages, you are dealing with collateral (Homes and property) that will typically go up in value. With automobiles, the collateral (new cars and trucks) they go way down in value.